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Home -> Finance -> News

NATIONAL
Infosys gets shareholders' nod for sponsored ADS
Software major Infosys Technologies today (Dec 18, 2004) got shareholders' approval for its secondary sponsored American Depository Shares (ADS) of 16 million shares.

Kingfisher signs $ 1.8 billion deal with Airbus
In a deal of upto $ 1.8 billion, UB Group's Kingfisher Airlines today (Dec 18, 2004) signed an agreement with Airbus for 10 A320s with options for 20 more aircraft.

Silicon Graphics plans development centre in India
High performance computing company Silicon Graphics Inc on Friday (Dec 17, 2004) said it will look at setting up a development centre in India and double its market share to 20 per cent.

FM says economy bright amid concern on inflation
Union Finance Minister P Chidambaram today (Dec 18, 2004) said that the fundamentals of Indian economy was strong but expressed concern over the inflation rate.

Market up 1.81 pct, scale lifetime peaks at 6420.38
The market hit the lifetime closing peaks of 6420.38 before ending the week below 6400 levels at 6346.48, up 1.81 per cent, driven by unabated FII (Foreign Institutional Investor) inflows into the booming bourses.